Uncategorized January 7, 2018

Barrington real estate

Barrington real estate while frigid, exuding plenty of light and beauty…With a median estimated listing price of $409k, 3 new listings,10 pending and 10 recently sold the market continues to hum along steadily into the new year with what looks to be a very active market come early spring! With interest rates remaining low, consumer confidence high, prices escalating at a moderate rate and inventory opening up, the spring market looks to be one very robust one indeed! Please reach out to me if you’d like to look at real estate anywhere in RI or MA! I’d love to be of help. If you are looking to sell I’d love to come meet with you to talk about real estate opportunities for you in regard to your current home. I truly love what I do! Enjoy the beauty all around us, as depicted in these two shots taken tonight, and here’s to the warmer weather to come!

 

 

 

 

 

Uncategorized January 2, 2018

January Night on the East Side of Providence

A beautiful sunset tonight at Prospect Park on Providence’s East Side . With 22 properties currently for sale and 3 newly listed within the last month, now is a great time to look at East Side living! With an average sale price of $592 k and a 3 month average ” Days on Market”, buyers with competitive offers can confidently enter the offer negotation process! Rhode Island in general finished 2017 in a place of strength in the real estate world with the number of solds increasing 1.65% for single family homes and a 7% price increase as compared to 2016! The sun may be setting here at scenic Prospect Park tonight but the “tomorrows” look very bright in the lens of RI real estate and this RI born Realtor is loving every minute of it!

Uncategorized December 26, 2017

The gift of doing what you love

What a joy it is to spend the day after the “day of giving” with a client looking at properties within my hometown of Barrington, RI. Despite the frigid December temperatures outside, days spent doing what I love most, helping people in real estate, serves to make that sun feel warmer AND that gorgeous Rhode Island sky appear even bluer. The gift of real estate for me is that people part..the part where I am able to help people engage in what for many is the biggest purchase or sale of their lifetime. A process which is filled with challenges and thoughtful negotiating and strategizing and forethought and one that I engage in fully and whole heartedly. To be able to guide clients through this process is something I find so rewarding and so invigorating! It brings out the athlete and competitor in me as well as the former teacher and psychology major in me! It also is a career that calls upon my year of service with City Year, where each day was devoted to making the lives of others around me better. That in a nutshell is why i “do ” and love real estate…so that I can make the lives of other people better.

These  pictures above,  taken today at Barrington Beach before showing a home adjacent to the beach, are indicative in many ways of our current real estate market. Clear and crisp when priced competitively and swift and rewarding when the sale is viewed as a win on both sides of the transaction. We are seeing more and more of that within the current RI market with competitively priced homes being looked at by a larger buying pool and being sold in a lucrative and timely fashion. Today’s market insight for Barrington, RI reveals a strong end of December climate with 10 new listings ,10 pending sales and 10 recently sold. A median sales price for December of 398k, an average “DOM” or days on market of 79 and 172 properties for currently for sale , reveal a slowly emerging inventory and a competitive market for those looking to sell and buy.

Whether you are thinking of selling or purchasing now or later in the spring it’s never ” too early” to start the process. Getting some winter maintenance tips done now on a home to be listed in the spring is a first step, as is meeting with a mortgage broker to get finances in order or to plan a budget for that spring home you are thinking of buying. Meeting early with a Realtor is also key for those looking to sell or buy in the spring in order to get a sense of price setting , strategizing when to enter the market and how to showcase your home most advantageously  and/or how much you’d like to spend on that next place you will be calling home as well as your “must haves” and location preferences.  As a native Rhode Islander I would love nothing more that to meet with you to start the process. Afterall, it all comes back to the “Why” I am involved in real estate…it’s that helping people part..Happiest of holidays to you and here’s to a wonderful 2018!!!.

Uncategorized December 19, 2017

November Market Report

The November Market Report just released by Mott & Chace Sotheby’s International Realty indicating a strong finish to the fall! With an increased demand in competitively price homes to a 13.5% median increase in prices of new listings it has been a consistently robust time in RI real estate as of late! With conditions looking to continue for the foreseeable future now is a great time to buy or sell in RI!

 

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Uncategorized December 17, 2017

Warren, Rhode Island – Real estate market in mid December

Warren, Rhode Island. A small community nestled between Barrington and Bristol with easy access to Providence and the West Bay. These pictures taken this morning reflect the inherent beauty within this small town. With a median sale price of $329,900 and a moderate 1.1% change in median listing price, now is a great time to look at homes within Warren, RI! Let me know if you’d like to explore Warren, RI!

Uncategorized December 17, 2017

Barrington market temps in mid December

Barrington, Rhode Island. A suburban , residential town in Bristol County a mere 7 miles southeast of Providence with easy access to Boston and the Cape. These pictures taken this morning reflect the coastal vibe existing within Barrington where median sales prices are at $432,500. With 12 new listings at all different price points, there is opportunity within Barrington real estate! Let me know if you’d like to explore my hometown of Barrington , RI!

Uncategorized December 13, 2017

Constant beauty….ever emerging strength in the economy……

Season’s Greetings to all! As we prepare to wrap up 2017 I cannot help but take in the beauty that surrounds us in RI. Not a day goes by when I do not stop to take in our natural glory. Working in my hometown of Barrington and throughout Providence allows me to savor all the unique elements that make RI such an eclectic and beautiful spot to live in. Recently I’ve become more involved in City Year, a non profit group under AmeriCorps which places teams of students in RI’s neediest of schools. My immersion back into City Year has me engaging with and helping folks in real estate throughout an expansive area of Providence including Smith Hill, Elmhurst and Elmwood; all areas near and dear to my heart.  A few weeks ago I was able to orchestrate a service project at the Carl G. Lauro school and led a team of Realtors in the painting of inspriational quotes throughout the hallways. My family was there to help me and it truly was such a gratifying experience.  Giving back and helping others is truly why I love being a Realtor and this project brought me right back to the year I spent as a corps member after graduating from Brown. While it was the hardest year, it truly was my most memorable year to date. I was recently asked to talk about my real estate career with a group in Providence and I referred frequently to the grit, determination, passion, drive and desire to achieve inherent in my nature and honed during my City Year experience.

Those skills are the same skills I use now as a Realtor with Mott & Chace Sotheby’s International Realty. They are the same skills I developed early on as a competitive tennis player and then as an athlete at Brown. “Seeing no limits and only possibilities” has always been an essential part of my core and was tested after my freshman year at Brown when I decided that after ten years of competitive tennis I was going to end my time on the Brown tennis team and pick up squash. I had one summer to learn the game of squash and I was determined. It became my daily goal that freshman summer to not only learn the rules of the game but to be skilled enough to make the varsity team at Brown. Knowing that all the other women on the team had not only been playing squash for years but playing at elite prep schools was daunting yet not insurmountable. I had my goal, I laid out my objectives and each day I attacked it like I do now in real estate,  with a confidence, a passion and a true love for what I do and for whom I do it! (I did make the team and spent my final three years of Brown competing on the varsity women’s squash team and loving every minute of it!)

Along with that innate, relentless drive is also a love of learning all that I can about what I am doing and where I am doing it and helping out those that I can along the way. Being a native Rhode Islander I feel very proud of our small state and get great satisfaction in not only keeping abreast of all that is happening citywide and statewide but in promoting and celebrating our accomplishments. Whether it’s a local business emerging with lofty, community based goals, or an example of a group or individual giving back to a community or RI at large, I love to applaud those efforts and to share them on social media and /or within my inner circles.

Being as immersed in the RI economy as I am as a Realtor, I make it my goal to be as informed about the local market and national market as possible. Luckily, as a native Rhode Islander, like many, I was raised by parents who read The Providence Journal  daily. It was a habit I picked up early on and have yet to give up. I love waking up and reading my “Pro Jo” and sharing with my clients, with my spheres of influence and with those I connect with on social media all the good that is happening around us on a local and national level. It truly is the former teacher in me the “always wanting to learn more and to share that with others; to help others” shining through. This morning, like many others recently, I was thrilled to read another article reinforcing the notion of our ever strengthening economy and I wanted to share some of it with you . The resounding message of economic fortitude within the article reinforces my “glass half full” lifelong lens in which I view the state of RI!

Some key pieces from my accumulation of RI market info as of late:

~ Interest rates are rising with three more hikes likely in 2018 which is a clear “vote of confidence” by the Fed that the US economy remains on solid footing.

~The Central bank expects the job market and the economy to strengthen even further so will most likely keep raising rates.

~ The Fed boosted its forecast for growth to 2.5% next year up from the previous forecast of 2.1%.

All the above leaves us in 2017 feeling optimistic; full of hope here in RI. It’s a great time to buy and sell in RI or MA and the bottom line is that the market will continue to be a fruitful and strong one for the foreseeable future! The spring of 2018 for this Realtor is going to be one very busy one and I’d love to discuss real estate options with any of you should you be contemplating diving in to this robust Rhody market in 2018!

Enjoy this wonderful holiday season and be sure to take time to find the beauty so abundant all around us here in this great little ocean state!

Uncategorized December 8, 2017

4 Reasons December Is Favorable for Buyers

DAILY REAL ESTATE NEWS | FRIDAY, DECEMBER 08, 2017 

Many home shoppers don’t think about purchasing a house during the holiday months—many even put their home search on hold. But Desare Kohn-Laski, broker-owner of Skye Louis Realty in Coconut Creek, Fla., offers some points to pass on to your clients, letting them know this is one of the best times of the year to shop for a house.

Less Competition, Better Prices. 

Let your clients know that the holiday months work in their favor. “Instead of competing with hungry buyers, eager to move in before the school year begins, the dip in demand actually drives prices down, and can create a mini buyers’ market,” Kohn-Laski says. In her experience, buyers often fare better in the negotiation process during the winter months.

More Time to (Home) Shop. 

Time off around the holidays gives many buyers the opportunity to do some careful house hunting. Instead of giving up an entire weekend to open houses and showings, buyers can more leisurely tour homes during the week, Kohn-Laski suggests.

Tax Benefits.

We still don’t know how the House and Senate tax reform bills will shake out in conference committee; however, if your clients purchase in 2017, they can still deduct property taxes, mortgage interest, and other costs. Learn more about how you can influence tax reform.

Move-In Ready Weather. 

For a large part of the country, winter is a favorable season to move. The heavy lifting of furniture and home improvement projects are easier to perform without the heat of the summer months, Kohn-Laski says.

“There are numerous benefits and added perks to buying a house during the holiday season that make December arguably the best time to buy,” Kohn-Laski says.

—Erica Christoffer, REALTOR® Magazine

 

Uncategorized November 20, 2017

Rhode Island October Real Estate Market Report

 

With the release of the October real estate market report we receive verification of market trends prevalent in RI for much of the fall. For as sure as the cold weather that’s destined to hit our area, so too are some hallmark attributes of our local real estate market for the past several weeks.  One key element which continues to riddle the local and national market is that of low inventory. Whether it is multi-family, single family, town houses, condos or rentals we simply do not have enough supply to meet with the ever increasing demand. How does that translate for the seller? Increased sales prices- by as much as $20 k in some markets such as Barrington, RI where last week the median home price was $500k.  Another signature note of the fall market is decreased days on market. Homes on average in RI are remaining on market for roughly 90 days. The take away from these observances is that IF homes are priced at market value the likelihood that they will sell efficiently and lucratively is great. The big question then for those thinking of selling is whether to sell now and take advantage of the low inventory OR to wait until the spring and maximize the potential behind a bevy of willing and able buyers looking to purchase in our area.

Whatever your real estate needs and/or desires please reach out to me. I’d love to be of help. I simply love what I do and who I do it for!

Happy Thanksgiving!

Please click on the link below and enjoy the latest October Rhode Island Real Estate Market Report released by Mott & Chace Sotheby’s International Realty!

 

(photo above taken at sunset November 20th at Nayatt Point in Barrington, RI by John Huard)

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Uncategorized November 16, 2017

Thinking of coming to Providence this holiday season?

If travel plans or hosting out-of-towners place Providence on your holiday radar this season be sure to check out this great listing of events from Go Providence.com http://www.goprovidence.com/things-to-do/providence-for-the-holidays/.Whether is taking in the tree lightings at City Hall plaza, heading to Roger Williams Park for their annual Carousel Village or venturing out of the city to Bristol’s lovely and lavish and festively decorated Blithwold Mansion at www.blithewold.org, you will surely be filled with holiday spirit and the bounty of Ocean State beauty we are so fortunate to experience during all four seasons of the year. While you are exploring be sure to head out to Attleboro, MA; a mere 10 minute drive from Providence to view the pretty light spectacular at La Salette Shrine. www.lasaletteattleboroshrine.org The Festival of Lights happens daily from November 23rd – January 1 with daily illuminations from 5-9 pm.You’ll be amazed by the beauty as 300,000 lights are on display at this unique shrine.

Whatever your travel and holiday plans entail be sure to take time to savor and enjoy this unique and delightful time of year with family and friends and please do let me know if your holiday or 2018 plans include real estate notions! I’d be happy to meet with you to discuss current and or future real esate goals and needs and would be happy to show you around this great state of ours AND our neighboring state of MA! Working with my clients on listing their prized home and or seeking that next special spot is truly what I love most to do!

Here’s to a wonderful holiday season to all!